Medigap News
Key Medigap Reforms
There have been a few reforms that were made to ensure Medigap was working as needed. These changes have improved how the plans are laid out and what they can provide. There is a cost-sharing portion involved which enables the first $500 to go to the patient and then the rest is covered from there. This is a reform to ensure there is a balance between how the assistance is spread out. Everything is also supposed to be standardized for those who are hoping to get these plans. The features are all standardized, so there is no customization...
read moreOpen Enrollment For Medigap 2017
Every year, there is a period in which there is “open enrollment” for those who are hoping to sign up for a new plan. This is critical for those who are either not covered already and are hoping to change the plan they have. When will this open enrollment period begin for 2017? It will commence on October 15, 2016, to December 7, 2016. This will give people enough time to make a decision about what direction they want to take. Looking through all of the nine plans is essential for those who are making a choice....
read more2017 Medigap Plans
2017 Medigap Plans Reforms have been made by policymakers with regards to medicare insurance (Medigap) and have been looking to seek the appropriate date to launch the changes. These changes are going to come during 2017 to ensure the coverage is in place as required legally. Let’s assess what the 2017 Medigap plans are all about and what they are going to entail for policyholders. It is important to understand the nuances at play prior to making a decision as to how beneficial the plans will be and the value they bring into one’s life in...
read moreMedigap Plans: How do they make sense?
Medigap Plans: How do they make sense? If you are on Medicare and are considering enrolling in a Medicare Supplement plan (Medigap) you might feel a bit overwhelmed when it comes to selecting the right coverage. What exactly do Medigap plans cover, and are supplemental insurance something you will need? How do you choose the best plan for your situation. Let’s take a closer look the specifics of Medigap plans and discuss when it might make sense to spend the money on policies. What are Medigap plans? Medicare will pay for many of...
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